You can find several trading platforms on the ’net nowadays, but clearly Binance is among the most popular and innovative.
Learning how to buy Lisk (LSK) is essential if you want to start out operating on that platform.
Prior to getting into the exciting realm of cryptocurrency on the Binance platform, you should get acquainted with the following.
There’s only way to start operating within the Binance platform: opening an account in it.
Hassle-free registration: just follow the detailed guidelines listed below.
On the Binance homepage you must locate the "Register" option and press it.
You have the direct link here.
In the Binance homepage you’ll find a button with the label "Register with a phone or email". Press it.
Apple devices can be used as well.
For the purpose of this guide, the email address subscription process will be shown.
The Binance platform will automatically send an activation password (remember: this is NOT your password) that you’ll enter it in the corresponding line, then click on "Send"
You’re now a Binance subscriber!.
It would be a nice idea to browse the different options of the Binance platform and get acquainted to them.
You’ll immediately notice how simple is to begin operating with Lisk (LSK).
Fulfill the required ID checking to enable all these options.
Please, be well aware that it is only after you have completed this security measure that you’ll be authorized to begin operating with Lisk (LSK).
No big deal, though. Continue reading through the following section to fulfill that step.
To be an authorized end user you have to follow the steps described below:
Select "Security" from the drop-down list under the user profile button
You can also click on the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Now you should choose your country of residence.
It shows you 3 levels of verification: the current one, the Verified, and the Verified Plus.
Click on the "Start now" button under the "Verified" label, for this will be your beginning level.
Then a pop-up window will appear and there you should write the following information:
Next, you’ll have to to show a legal document to corroborate your identity.
You can do this by using your passport, ID card, or license.
Now, you will have to take a selfie, following the application’s requirements.
Now you will have to wait for a short period while an account confirmation process is performed.
Once your request has been accepted, the platform is going to let you know via email, just be patient.
Congrats! Now you’re officially authorized to trade Lisk (LSK). The following guidelines will be helpful.
Understanding how to convert money into Lisk (LSK) is actually quite easy.
It is time to support your identity using a legal document.
You can do this with your ID card, passport, or license.
In the next step, you will be asked to take a selfie, following the platform’s guidance.
After fulfilling all those requisites, the Binance platform will do a verification process on your account.
Now you have to wait until your request has been accepted. Be patient, the platform is going to let you know via e-mail.
The following instructions will guide you through the Lisk (LSK) purchasing process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed Lisk (LSK) trader.
Take a time to understand how to invest your money in Lisk (LSK).
Be aware that you could have more than one option for this process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Move your mouse on this button and a list of buying alternatives will be shown.
Here, the Binance platform will require you to present a legal document for identity verification.
ID card, passport or even a license are all valid documents to complete this requirement.
Follow the system requirements to take a selfie.
Now you will have to wait for a short period while an account confirmation process takes place.
All you need to do is be patient, Binance will send you an email when your application has been approved.
Upon receiving that e-mail it’s time to purchase Lisk (LSK), to do so see the guidelines below.
First you need to understand how to convert money into Lisk (LSK).
Be aware that you have different alternatives for this process
To know which options are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to be able to do this
Move your mouse over this button and a list of buying alternatives will deploy.
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
The following guidelines will be helpful to continue the process:
In the next box, select the currency you want to use and indicate the amount you want to invest.
The the Lisk (LSK) you wish to purchase should be picked from the second field
According the amount of USD you have previously specified, the platform will immediately show you the quantity of Lisk (LSK) you’ll receive.
After that, just observe these instructions:
Currency preferred and how much you’ll invest should be specified here.
The the Lisk (LSK) you wish to get must be chosen from the second field
When you do so, the system will automatically display the quantity of Lisk (LSK) you will be given, considering the amount of USD you’ve just defined.
Press "Continue".
Now you must specify your method of payment. To pay with your credit card, select in the "Visa/Mastercard" box the option "Add card".
Credit card details must be typed in this step, then click "Next".
The credit card’s address must be stated next. Be very careful, since you’ll need to type it exactly as it is, otherwise your card won’t be approved. Then select "Add card".
Now that your card has been included, click on "Continue".
The next screen will display a summary of the transaction about to be completed. It includes the amount your card will be charged, the chosen currency and the quantity of Lisk (LSK) bought.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the transaction.
Within the next 60 seconds click on "Confirm", there after the order will expire automatically.
Next, you will be redirected towards the bank platform the credit card has been issued by. Proceed just as you usually do when making a payment using your card on the bank website.
After the banking process is complete, you are already in possession of the purchased Lisk (LSK) in your Binance e-wallet (referred to as the «Spot Wallet»)
The next screen will display a summary of the transaction in its final stage. That includes the amount your card will be charged, the selected currency and the amount of Lisk (LSK) bought.
Another detail of relevance in this summary is the percentage you’ll be charged as a commision for making the transaction.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The Binance platform will now redirect you to the credit card issuing bank. There you should complete a normal online payment with your credit card.
Your recently bought Lisk (LSK) will be available in your Binance digital wallet (called the «Spot Wallet») once the banking process is complete
Once you finished including the new payment method to your account, go to the "Buy Crypto" menu (top bar of the navigator), pick the "Trading P2P" option, and follow the directions below:
Once you have made a payment to the trader, they are going to release the Lisk (LSK), by confirming invoice of the payment.
So, they will quickly be deposited into your wallet.
But in case you want to get another Lisk (LSK), you will have to transfer them to your Spot Wallet.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t stress, you can move the cryptos later.
The trader, upon receiving your money, will automatically release the Lisk (LSK).
So, they will automatically be deposited into your wallet.
Although, in case you would want to buy any other Lisk (LSK), you need to send them to your Spot Wallet.
That’s easy: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.
This Lisk (LSK) internal movement can be carried out whenever you need.
Perfect! Now you have funds available to trade any of the several Lisk (LSK) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps described below:
All right! Now you have funds available to trade any of the several Lisk (LSK) in the Binance platform.
See how easy is to buy any cryptocurrency from the Binance platform:
You’ve already learned how simple is to start trading Lisk (LSK) on Binance.
So, no need to think twice, make a profitable business in this cryptocurrency platform.
In case you want to make money through cryptocurrencies, you would have to be able to use the Kucoin platform. This trade is yielding great benefits to all its users, in fact it is showing more and more progress in all its operations.
If you need to learn easily how to buy a Lisk (LSK) in Kucoin, you will need to stay in this post.
Once you’ve registered to Kucoin and fulfilled the safety requirements, you should deposit your euros. This method is rather easy, good news is that you have several ways to accomplish that.
One of them should be to navigate to the "Assets" or "Balance" section at the top right in the display and look for the "Deposit" link. Next, pick the Lisk (LSK) you wish to put into your account to buy new cryptos, for instance, USDT.
After that, you will have to select the network you will utilize for the transaction. All of us advise Tron (TRC20) because it retains the lowest commissions.
Below you’ll see the address you should write in the «Exchange» where you have the USDT you’d like to send to Kucoin. Once you do this, you are going to instantly get the funds within your main account.
If this doesn’t work in the country you’re currently living, you may try transferring funds to your account via P2P trading. This type of purchase implies that you actually make a conventional bank transfer to any of the listed traders to obtain any of the official cryptos.
Now that you received the money in your account, it’s time for you to start interacting the Kucoin website.
Purchasing a Lisk (LSK) on Kucoin you have to transfer the money you have just purchased to the trading accounts. To get this done you must open the «Balance» menu, click the main account, enter your cryptocurrencies then choose «Transfer». This last button can be situated on the same line than the currency you will use for the purchase.
If this does not work in the country you’re living, you could try transferring funds to your account through P2P trading. This type of transaction signifies that you make a standard bank transfer to any of the listed traders to obtain any of the accepted cryptos.
When you get the money in your account, it’s the perfect time to learn how to work with the Kucoin website.
Purchasing a Lisk (LSK) on Kucoin you have to transfer the money you have just purchased to the trading accounts. To do this you have to open the «Balance» menu, click the main account, enter the cryptocurrencies after which choose «Transfer». This last option can be found on the same line than the currency you will use to complete the purchase.
Following this, you are sent to a window to pick where you are going to send the funds. You will need to take from the «Main Account» to the "Trading Account", and add the currency and the quantity you wish to send to trade. Then click "Confirm".
Once you got the cash in the account, you can buy your crypto and start trading.
Now you will learn how to purchase Lisk (LSK) in diverse ways. To start, you have to access the «Trade» menu and click on "Spot trading" (Spot Market). Then simply enter the term Lisk (LSK) in the search line in the top corner of the webpage.
The platform will reveal the crypto pairs you can operate with.
In other words, you‘ll only be capable of purchase Lisk (LSK) just with the crypto pairs it shows you.
Just for this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT as we have funds in this two. When we do that, it instantly loads the crypto chart and the order book containing the buy and sell businesses.
To be able to complete the operation, you ought to enter the trading password.
At the bottom on the right-hand part, it shows the user the financial markets to trade crypto, instantly enabling the «Spot». There we have 3 options to purchase Lisk (LSK). The options are as follows:
You can also set the order activation and process it at the greatest market price. You will do this by choosing "Stop Market", and entering in "Stop Price" the sum you prefer the Lisk (LSK) to get to activate the order and the amount of USDT to invest. By simply clicking Buy Lisk (LSK), your buying order will be executed at the market rate once it is the just like the stop price you have previously set.
With just one of these three alternatives, you’ve already got the Lisk (LSK) tokens you’ve just bought in your trading account. From this moment you are able to operate with it or you may want to purchase any other cryptos. Bear in mind that with Lisk (LSK) you will only be capable to get the cryptos available in their pairs. Usually, you will need to trade the Lisk (LSK) for a crypto that is typically available in the Lisk (LSK) pairs, such as BTC, USDT, and BNB, and after that you could buy the particular one you actually wish.
Now you can buy a Lisk (LSK) through Kucoin.
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